The Money Show’s Bruce Whitfield interviewed Dion Chang, founder of Flux Trends.
Chang argued that the university degree is dead.
He gave the following five reasons for saying so:
In terms of scarcity; degrees have become more common, therefore less valuable in economic terms.
Degrees cost more today, but are worth less. The debt repayments versus future income simply don’t add up.
Modern businesses don’t consider degrees essential anymore (last year accountancy firm EY announced in London that it will no longer consider degree or A-level results when assessing potential employees).
The new HR mantra of “hire for attitude and retrain for skills” (this puts into question the link between tertiary education and what the changing job market requires).
- The growing divide between “legacy companies” and new, agile “responsive companies”. Legacy HR models tend to value “managers” – people with graduate degrees from prestigious business schools. In a “responsive company” the emphasis on people is all about making and learning. "Makers” are people who have skills - as opposed to credentials. They think by doing: experimenting, testing, and learning.
Listen to the interview below for more detail.
Bruce Whitfield interviewed EWN reporter Rahima Essop and Prof Somadoda Fikeni, Adviser to Unisa's Vice-Chancellor.
The Money Show’s Bruce Whitfield interviews the former CEO of Africa’s largest retailer by far.
The Money Show’s Bruce Whitfield interviews Investec Asset Management Economist Nazmeera Moola.
In other words; you’re probably a victim. The Money Show’s Bruce Whitfield interviews Stuff magazine’s Toby Shapshak.
Bruce Whitfield interviews Tax Ombud Judge Bernard Ngoepe.
Meet fashion icon Dion Chang, one of South Africa’s most celebrated trend analysts, and learn where our brave new world is headed.
AfriForum will prosecute Duduzane Zuma after NPA declined to do so in 2015 following a 2014 accident where a woman died.
Dr Bodhisattva Kar reveals how industrial capitalism influenced the world's current sleep patterns.
The Money Show’s Bruce Whitfield interviews Adams about his attitude to money (hopes and fears, successes and failures, etc.).
A Cape Town man was stabbed to death on Saturday while trying to assist two women who were being mugged on Kloof street.
After 3 years there are 3 Nic Harry stores (incl online) that sell 100 000 pairs of socks in over 20 countries around the world.